Transparency Taskforce calls for IA's Cummings to apologise over 'offensive' Loch Ness fees comments

Gina Miller and others deserve 'apology… public recognition and thanks'

Mike Sheen
clock • 7 min read

The founding chair of industry pressure group Transparency Task Force and governor of the Pensions Policy Institute, Andy Agathangelou, has written to Investment Association's chief executive Chris Cummings, demanding the trade body apologise for controversial comments made in a 2016 press release regarding hidden fees.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Regulation

EdenTree to apply Sustainability Focus SDR label to remaining unlabelled funds

EdenTree to apply Sustainability Focus SDR label to remaining unlabelled funds

Only fund house with fully labelled range

Michael Nelson
clock 24 November 2025 • 1 min read
FCA bids to save firms £100m a year with transaction reporting changes

FCA bids to save firms £100m a year with transaction reporting changes

Aiming to reduce costs and improve quality of data

Isabel Baxter
clock 21 November 2025 • 2 min read
FCA issues warning over Consumer Duty shortfalls in CFD market

FCA issues warning over Consumer Duty shortfalls in CFD market

‘Providers must meet standards’

Cristian Angeloni
clock 13 November 2025 • 1 min read
Trustpilot